Quote:
Originally Posted by will76
You do understand that it's "negative assets" is mainly penthouse, which since this is the crew that ran penthouse and they whore out the penthouse "brand" to try to get partners/investors, they will likely never dump it. Other than that AFF has been costing them the most money because of the debt they owe from buying it, which you can't dump that and it's not a negative asset. And also the lawsuits that have been resulted from the way these morons operate. What attorney in his right mind would sign off on them using the domain name facebookofsex.com ? Blind leading the blind over there... more fuckups to continue in the future I am sure.
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when they releases their information pre-ipo a couple of years back, they customer acquisition costs were higher than their total customer revenue. if i remember correctly, they were paying $125 or so to obtain a new customer, and on average they were spending about $100. that makes a huge gap to cover.